North America

Demand for all grades has mostly dropped across major bunkering ports in the Americas. But Houston has seen a jump in enquiries for all grades this week. While prompt VLSFO and LSMGO availability was reported tight at the beginning

Recent data confirms robust major global growth trends and healthy oil market fundamentals. On the global economic growth front, and as the US economy continues the very strong growth it experienced in 3Q23, the IMF has recently upgraded Chinese economic

During Week 48, the MABUX global bunker indices experienced a modest decline. The 380 HSFO index decreased by 7.15 USD, moving from 536.04 USD/MT last week to 528.89 USD/MT, although it remained above the $500 mark. The VLSFO index, in

As risks of cargo diversion to the detriment of EU ports are indeed becoming more and more real with the upcoming entry into force at the beginning of 2024 of EU ETS for shipping, FEPORT, ETA, EMPA and ECASBA members

We forecast that the crude tanker market will end 2023 with cargo volume growth of between 0.5% and 1.5% but see tonne miles increase between 4.5% and 5.5%. Cargo volume growth is predicted to accelerate to between 2% and 3%

Northwest Europe
VLSFO availability has tightened in the ARA hub, a trader said. Lead times of 5-7 days are recommended to ensure full coverage from all suppliers, up from 3-5 days in the previous week.
HSFO supply has shown signs of improvement

The christening and handover ceremony for a liquefied CO2 transportation demonstration test ship was held today, November 28, 2023, at the Shimonoseki Shipyard of Mitsubishi Heavy Industries, Ltd. (Shimonoseki city, Yamaguchi).

The construction of the demonstration test ship was completed today,

Singapore
VLSFO availability remains very tight in Singapore. Recommended lead times for the grade range up to 15-18 days. Some suppliers can deliver the grade with shorter lead times, but these offers are limited and often priced higher, a source says.

Product

MAN Energy Solutions has announced that a dual-fuel version of its MAN 175D high-speed engine, capable of operating on methanol, will be available by the end of 2026. The new variant, designated MAN 175DF-M, will be available both as newbuild

The Drewry Container Port Throughput Indices are a series of calendar adjusted volume growth/decline indices based on monthly throughput data for a sample of over 340 ports worldwide, representing over 80% of global volumes. The base point for the indices